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Quarterly Results of Operation (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2012
Quarterly Result of Operations (Unaudited) [Abstract]  
Summary of the quarterly consolidated results of operations
                                 

Three Months Ended 2012

  March 31     June 30     September 30     December 31  

Interest income

  $ 16,826     $ 16,523     $ 18,719     $ 20,460  

Interest expense

    3,628       3,517       3,720       3,457  
   

 

 

   

 

 

   

 

 

   

 

 

 

Net interest income

    13,198       13,006       14,999       17,003  

Provision for loan losses

    559       209       1,041       1,715  

Gain (loss) on sale of securities

    —         —         2       —    

Net income

    4,613       4,910       4,850       5,170  

Net income available to common shareholders

  $ 4,457     $ 4,804     $ 4,787     $ 5,014  

Earnings per share:

                               

Basic

  $ 0.60     $ 0.65     $ 0.56     $ 0.58  

Diluted

    0.59       0.62       0.54       0.56  

Average shares outstanding:

                               

Basic

    7,422,860       7,434,537       8,503,475       8,617,466  

Diluted

    7,598,490       7,728,519       8,838,659       8,964,315  
         

Three Months Ended 2011

  March 31     June 30     September 30     December 31  

Interest income

  $ 15,431     $ 15,712     $ 16,011     $ 17,460  

Interest expense

    4,364       4,249       4,020       3,868  
   

 

 

   

 

 

   

 

 

   

 

 

 

Net interest income

    11,067       11,463       11,991       13,592  

Provision for loan losses

    1,548       1,332       1,564       838  

Gain (loss) on sale of securities

    274       365       1,115       23  

Net income

    2,765       3,093       3,417       3,522  

Net income available to common shareholders

  $ 2,489     $ 2,816     $ 2,707     $ 3,460  

Earnings per share:

                               

Basic

  $ 0.34     $ 0.38     $ 0.37     $ 0.47  

Diluted

    0.33       0.37       0.36       0.46  

Average shares outstanding:

                               

Basic

    7,387,072       7,406,624       7,414,043       7,421,544  

Diluted

    7,612,144       7,598,180       7,596,570       7,576,052